Mead Partners Chartered Accountants & Business Advisors for Home Builders

Construction businesses are among the industries most exposed to ATO debt.

Tight cash flow, payroll obligations and subcontractor payments can make it easier to fall behind—especially with the new superannuation payment requirements now in place.

If your business is experiencing cash flow pressure, don’t wait until you receive a Director Penalty Notice.

The earlier you seek advice, the more options you may have to protect both your business and your personal assets.

Book a free consultation with our team today.

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Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.
Mead Partners | Accountants | Business tips📍Hawthorn East
Chartered Accountants for Residential Builders 📍Melbourne
✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
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Received a Director Penalty Notice?

Time matters.

From the issue date of your notice, you generally have just 21 days to take action. Acting early can make a significant difference to the options available.

Comment [DPN] to get the blog link.

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Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.
Mead Partners | Accountants | Business tips📍Hawthorn East
Chartered Accountants for Residential Builders 📍Melbourne
✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

Many company directors assume company tax debt stays with the business.

Unfortunately, that’s not always the case.

If your company has unpaid PAYG withholding, GST or Super Guarantee obligations, the ATO may issue a Director Penalty Notice (DPN), which could make you personally liable for the debt.

With the ATO increasing its debt recovery efforts, understanding your obligations has never been more important.

If you’re unsure where your business stands, we’re here to help.

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Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.
Mead Partners | Accountants | Business tips📍Hawthorn East
Chartered Accountants for Residential Builders 📍Melbourne
✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

A director penalty notice is issued by the ATO to companies with outstanding debt.

When you receive a director penalty notice, the sooner you act the better. Especially as you have 21 days from the notice’s issue date to take action.

💭Step 1: Understand your tax obligations
While your director penalty notice will tell you what PAYG, GST and super guarantee charges are owed, our business advisors still recommend logging into your ATO business portal to check for yourself.

🔢Step 2: Assess your options
These can include paying in full, setting up instalments, restructuring or voluntary administration.

Received a lockdown director penalty notice? You’ll need to pay in full, or your personal assets will be used to do so.

☎️Step 3: Contact the ATO
This needs to be done within the 21-day period. Notifying the ATO of actions you’re taking will resolve the penalty notice.

▶️Received a director penalty notice and feeling overwhelmed?

Message us to start a discussion.

Our business advisors can step through the process with you and advise the right option for you.

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Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.
Mead Partners | Accountants | Business tips📍Hawthorn East
Chartered Accountants for Residential Builders 📍Melbourne
✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

Get Repost App • Chartered Accountants for Residential Builders 📍Melbourne 💰 3 Ways to Improve Your Working Capital 💼

Struggling with cash flow? Here’s how you can boost your working capital and keep your business financially strong:

📌 1. Get Paid Faster
Automate invoices & payment schedules using tools like Xero, or outsource admin tasks to ensure clients pay on time.

📌 2. Improve How You Pay Suppliers
Negotiate better payment terms, ask about discounts, and use electronic payment options to align with your cash flow.

📌 3. Reduce Operating Costs
Run your business more efficiently by:
✔️ Negotiating better supplier pricing
✔️ Optimising workflows
✔️ Digitalising payment systems
✔️ Outsourcing non-core tasks

🏗️ Bonus for Builders & Contractors:
Tighten up financial controls to improve visibility over assets & liabilities. This small change can make a huge impact!

💬 Want to improve your working capital? DM us with your name, company name, and concerns, and let’s chat!

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Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.
Mead Partners | Accountants | Business tips📍Hawthorn East
Chartered Accountants for Residential Builders 📍Melbourne
✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

What is Good Working Capital? 💼

Having too much working capital might sound great, but it could mean:
⚠️ Excess inventory or raw materials 📦
⚠️ Missed opportunities to invest in growth 🚀
⚠️ Not leveraging low-cost debt options wisely 💸

So, how much is too much? 🤔
While every industry is different, a good working capital ratio to aim for is between 1.2 and 2.

For industries like building & construction, where projects have long cycles and large liabilities, the right working capital strategy can help manage risk and improve cash flow.

Feeling overwhelmed? Our Builders CFO Program is designed to help you get your finances on track.

📩 Comment “CFO” below, and we’ll send you more info!

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Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.
Mead Partners | Accountants | Business tips📍Hawthorn East
Chartered Accountants for Residential Builders 📍Melbourne
✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

Get Repost App • Chartered Accountants for Residential Builders 📍Melbourne 💰 How to Calculate Working Capital for Your Business 💼

Your working capital is a key indicator of your business’s financial health—it tells you whether you have enough assets to cover your liabilities. 📊

✅ Positive working capital = More assets than liabilities → Growth & stability

⚠️ Negative working capital = More liabilities than assets → Potential cash flow issues

Not sure where to find your numbers? Check your balance sheet in accounting software like Xero or ask your accountant or bookkeeper for insights.

Want to learn how to improve your working capital? Comment “Working capital” below, and we’ll send you the blog link! ⬇️

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Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.
Mead Partners | Accountants | Business tips📍Hawthorn East
Chartered Accountants for Residential Builders 📍Melbourne
✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

Is your business in a strong enough position to cover short-term expenses while continuing to grow? 🤔

Understanding your working capital is key to ensuring financial stability and making informed decisions about your operations. It tells you whether your business has enough assets to cover its liabilities, helping you manage operations, plan for expansion, and demonstrate financial health to lenders.

Working capital can be worked out as a dollar amount or as a ratio (see our blog for how). A good working capital ratio typically falls between 1.2 and 2. Putting this into money terms, this means for every $1 of liabilities you have between $1.20 - $2 of assets to cover it.

If your ratio is below 1, it may indicate potential cash flow challenges, making it harder to pay debts and invest in growth. On the other hand, too much working capital could mean you’re not using your assets efficiently, potentially missing out on opportunities to reinvest in your business.

By regularly reviewing your working capital, you can identify risks early and take steps to optimise your day to day.

📖 Are you listening to what your working capital is telling you?
Our latest blog breaks down the details and shares more strategies to improve your financial position.

And if you don’t speak working capital?

That’s where our business advisors come in. We can help you dive into the details and get insight into your business.

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Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.
Mead Partners | Accountants | Business tips📍Hawthorn East
Chartered Accountants for Residential Builders 📍Melbourne
✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

Could your mortgage help build wealth? 🏡📈

Debt recycling is a long-term investment strategy that uses your home equity to invest in income-generating assets, while gradually converting your home loan into tax-deductible investment debt.

When structured correctly, it may help you:
✔️ Pay off your mortgage sooner
✔️ Build an investment portfolio faster
✔️ Access potential tax benefits
✔️ Put your home equity to work

Swipe through to see how debt recycling works.

Every financial situation is different, so it’s important to seek professional advice before deciding whether this strategy is right for you.

📖 Read our latest blog to learn more, or get in touch with the Mead Partners team to discuss your options.

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Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.
Mead Partners | Accountants | Business tips📍Hawthorn East
Chartered Accountants for Residential Builders 📍Melbourne
✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————

What if your mortgage could do more than just buy a home? 🏡

Debt recycling is a strategy that uses your home equity to invest in income-generating assets while gradually converting your home loan into tax-deductible investment debt.

When structured correctly, it may help you build long-term wealth while paying down your mortgage.

👉 Swipe through to see how debt recycling works, step by step.

As with any investment strategy, debt recycling isn't suitable for everyone. It requires careful planning and professional advice to ensure it's structured correctly for your circumstances.

📖 Read our blog to learn more or contact the Mead Partners team to discuss whether debt recycling could be right for you.

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Mead Partners
Accounting firm in Hawthorn East VIC
We help good businesses grow.
Mead Partners | Accountants | Business tips📍Hawthorn East
Chartered Accountants for Residential Builders 📍Melbourne
✅ Sharing financial tips
✅ Hosting business workshops
✅ 1:1 session for your business
✂︎———————————————